EFG-Hermes Brokerage on Thursday downgraded agricultural company National Agricultural Development Co. (SASE:6010), d/b/a Nadec, to neutral from buy and reduced its price target to 16.00 Saudi riyals from 23.00 riyals.
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Kepler Cheuvreux on Wednesday downgraded Spanish real estate company Merlin Properties (MRL.MC, MRL.LS) to hold from buy and reduced its price target to 15.90 euros from 16.80 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Barclays on Wednesday raised Dutch paints and coatings company Akzo Nobel (AKZA.AS) to overweight from equal weight and increased its price target to 71.00 euros from 58.00 euros.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Morgan Stanley on Wednesday lowered budget airline Wizz Air (WIZZ.L) to underweight from equal weight and decreased its price target to 8 pounds sterling from 8.60 pounds.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)